Review of Securities available for trading under “permitted to trade” category

LegalitySimplified

NSE vide Circular dated March 29, 2023 has announced the Review of Securities available for trading under “permitted to trade” category. The companies admitted for dealing under “Permitted to trade” do not execute the listing agreement with Exchange and therefore do not provide the full disclosures.

Therefore, the process for “permitted to trade” category and accordingly the permitted to trade companies are being reviewed in consultation with and on the advice of the Relevant Authority of the Exchange.

The decisions of the authority shall be informed to the market participants and adequate notice shall be provided before withdrawing the scrip from “permitted to trade” category.

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